Seeking A New Policy For Growth

With their numbers dwindling, black insurers map out a plan for survival

to hear that Atlanta Life is alive and well and kicking on Auburn Avenue."

It will take such viable partnerships, technology and aggressive marketing for black-owned insurers to remain standing in the next millennium.

1999 TOP 10 INSURANCE COMPANIES SUMMARY

BLACK-OWNED INSURANCE COMPANIES 1997 1998 % CHANGE
NUMBER OF EMPLOYEES 1,995 1801 -9.72%
ASSETS* $688.683 $628.461 -8.74%
STATUTORY RESERVES* $490.603 $437.284 -10.87%
INSURANCE IN FORCE* $1,7860.684 $1,8564.082 3.94%
PREMIUM INCOME* $143.091 $133.833 -6.47%
NET INVESTMENT INCOME* $46.592 $36.996 -20.60%
*In millions of dollars, to the nearest thousand.      
Prepared by B.E. Research. Reviewed by Mitchell & Titus L.L.P.

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